The proposed bill seeks to establish a new chapter, 16.1-08.2, in the North Dakota Century Code, focusing on campaign disclosure statements and amending existing campaign finance laws. Key changes include raising the contribution reporting threshold from $200 to $250, which will affect the reporting requirements for candidates and political committees. The bill also mandates timely filing of campaign disclosure statements, including supplemental statements for significant contributions received shortly before elections. Additionally, it introduces new definitions for terms related to campaign finance, clarifies the authorized use of state property for political purposes, and establishes penalties for non-compliance.

Furthermore, the bill repeals the current chapter 16.1-08.1 and outlines a framework for adjusting reporting thresholds for inflation every ten years. It emphasizes the importance of maintaining separate campaign accounts and specifies that political committees must register with the Secretary of State. The legislation aims to enhance transparency in campaign financing while simplifying compliance for political entities, ensuring that all significant financial activities are properly documented and reported. The effective date for most provisions is set for January 1, 2026, with a requirement for individuals to file under previous regulations for the year 2025 before the repeal takes effect.

Statutes affected:
INTRODUCED: 16.1-08.1-06.2
Prepared by the Legislative Council staff for Representative Olson: 16.1-08.1-01, 16.1-08.1-02.1, 16.1-08.1-02.3, 16.1-08.1-02.4, 16.1-08.1-03.2, 16.1-08.1-03.7, 16.1-08.1-06.2, 54-66-01, 54-66-02
FIRST ENGROSSMENT: 16.1-08.1-01, 16.1-08.1-02.1, 16.1-08.1-02.3, 16.1-08.1-02.4, 16.1-08.1-03.2, 16.1-08.1-03.7, 16.1-08.1-06.2, 54-66-01, 54-66-02
Prepared by the Legislative Council staff for Senator Roers: 15.1-09-08, 15.1-09-19, 16.1-01-12, 16.1-10-02, 16.1-10-04.1, 51-28-01, 54-66-01, 54-66-02
Adopted by the Conference Committee: 15.1-09-08, 15.1-09-19, 16.1-01-12, 16.1-10-02, 16.1-10-04.1, 51-28-01, 54-66-01, 54-66-02